Gold and Silver Prices Retreat, US Coin Sales Rise
Gold prices retreated on the first trading day of a new month, new quarter and new half of the year. Prices on Monday dipped $6.50 and under $1,600 an ounce after soaring nearly $54 on Friday.
Gold prices for August delivery settled down 0.4% to $1,597.70 an ounce on the Comex in New York, trading between [...]
2012 Australian Koala Gold Proof Coins Released
Marking the fifth year for the gold coin series, the Perth Mint of Australia has released four 2012 Australian Koala Gold Proof Coins, including one in high-relief.
These four strikes are featured in different sizes but all contain the same reverse image chosen by the Perth Mint for use on its series of 2012 koala coins [...]
In The Lead – Europhoria Ephemeris
Friday's EU news lifted gold prices in a hurry but it appears that the $1,600 resistance level proved to be... resistant to further assaults for the time being.
The yellow metal started the abbreviated trading week in profit-raking mode as did the rest of the precious metals' complex. The US dollar advanced to 81.90 on the trade-weighted index as a slew of scary economic data issued [...]
Gold, Silver Soar After EU Agreement. Quarterly Losses Cut.
Gold, silver, platinum, and palladium soared Friday on news that European leaders came to an agreement that surprised investors and emboldened world markets.
Gold had appeared ready to park in the red for the week and month, but instead jumped ahead for both and significantly trimmed its quarterly loss to 4.0%. Other quarterly losses in [...]
Montford Point Marines Bronze Medals Available
A ceremony at the U.S. Capitol was held on Wednesday, June 27 that recognized the first African Americans who entered the United States Marine Corps, the Montford Point Marines.
On Thursday, June 29, the United States Mint made available bronze duplicates of the awarded medal in 3 inch and 1.5 inch sizes [...]
1838-O Half Dollar Booklet Available from Heritage
The 1838-O Reeded Edge half dollar is one of the classic rarities in U.S. coinage, from a tiny mintage of "not more than 20 pieces," and now aficionados of the rare variety have a chance to deepen their knowledge of the fabled coins with Heritage Auctions' new booklet, "The Surprising History of the 1838-O Half Dollar," by David Stone, Mark Van Winkle and edited by James Halperin [...]
Sacagawea Dollar / Quarter Mule Error to be Sold in August
Set to cross the block in Stack's Bowers Galleries Official August 2012 Philadelphia ANA World's Fair of Money Auction is the famously rare Sacagawea dollar / Washington Statehood quarter muling.
This remarkable error was first discovered in 2000 by Frank Wallis of Mountain Home, Arkansas, and that discovery piece was subsequently sold by Bowers and Merena at the August 2000 ANA Millennium Sale for $29,900 [...]
In The Lead – Brussels Sprouts A Resolution? Not Exactly.
Serious price as well as psychological damage was incurred in the precious metals complex on Thursday as frustrated market participants got tired of waiting (as they ought to have) for the conclusion of the EU meeting and liquidated long positions en masse after sell-stops were touched during the late morning.
Spot gold cratered by over $28 to touch lows near $1,546 and to also close at the lowest level in futures since late May, while spot silver [...]
“Walker Showdown” Display at Philadelphia ANA World’s Fair of Money
The two finest collections of circulation strike Walking Liberty half dollars in the PCGS Set RegistrySM will be displayed in a "Walker Showdown" hosted by Professional Coin Grading Service.
The unparalleled display will be presented at the PCGS booth (#1605) during the American Numismatic Association World's Fair of Money in Philadelphia, Pennsylvania, August 7 - 12, 2012 [...]
Gold and Silver Prices Fall, US Eagle Coins Unchanged
Gold declined sharply Thursday amid dimming hopes that the EU summit will offer answers for euro zone debt woes. Investors looked away from riskier trades and turned toward the U.S. dollar.
Gold prices for August delivery fell $28.00, or 1.8%, to $1,550.40 an ounce on the Comex in New York [...]
